Things to watch out for where is the international money going (in or out) 2 watch the crude oil price above 70 ok (cost of production is 23 dollar and we share the remaining with mnc) look at the presidential candidate (free market or control markets )
..just don't dump naira in tb and go and sleep market are monitor daily for destructive signals

Adegokenath:
pls one more question if i have a saving account and domicilary account @ Gtb how do i convert to dollar from my saving acc. To domicilary acc.

You will need to visit a branch of GTB for that because issue of dollar and conversion are highly regulated financial transactions. Commercial bank are always very careful and mindful of CBN.

ahiboilandgas:
Things to watch out for where is the international money going (in or out) 2 watch the crude oil price above 70 ok (cost of production is 23 dollar and we share the remaining with mnc) look at the presidential candidate (free market or control markets )
..just don't dump naira in tb and go and sleep market are monitor daily for destructive signals

Brilliant analysis bro......God bless you...Once my TB matures,2019 march,i will immediately convert to dollar account.....Can i open a domiciliary account with GTBANK..?
What is the interest rate like.?

Adegokenath:
pls one more question if i have a saving account and domicilary account @ Gtb how do i convert to dollar from my saving acc. To domicilary acc.

How did you open yours....what are the requirements and procedures..?
How long does it take.?

ahiboilandgas:
Things to watch out for where is the international money going (in or out) 2 watch the crude oil price above 70 ok (cost of production is 23 dollar and we share the remaining with mnc) look at the presidential candidate (free market or control markets )
..just don't dump naira in tb and go and sleep market are monitor daily for destructive signals

you are making sense sir, you're an experienced man

Gavrelino123:

Brilliant analysis bro......God bless you...Once my TB matures,2019 march,i will immediately convert to dollar account.....Can i open a domiciliary account with GTBANK..?
What is the interest rate like.?

No interest rate, unless you invest that money in fixed deposit. You can ask if they offer fixed deposit investment in foreign currencies. Just do 30 days and continue to reinvest your capital with the interest every 30 days to avoid stories. You won't get same interest rates with longterm (6 months, 1 year) investors though.

Buhari may still triumph at the polls and, in fact, he won't just relax especially as elections are approaching. Economy might improve.

Gavrelino123:

How did you open yours....what are the requirements and procedures..?
How long does it take.?

As I said earlier, if you have a GTB current account and you do internet banking you can open a dom account right at your desk. No other requirement.For me I don't think it was up to 15mins. you can even chat with them online and follow the instruction. just click on open additional account and then specify the type of account e.g dom or savings etc you are done. your account number will be sent to you. When you login again you will see the account dollar account as one of your accounts.

Gavrelino123:

Brilliant analysis bro......God bless you...Once my TB matures,2019 march,i will immediately convert to dollar account.....Can i open a domiciliary account with GTBANK..?
What is the interest rate like.?

diamond 2 percent ,take your time and make enquires it the little effort needed ...like me I hid mine in piggy bank ,dorm in standard charted and some gold bars kept in bank safe ��....u might not necessary convert all your tb position u can kept some ,use interest to buy usd from aboki and deposits in dorm.

Acidosis:


No interest rate bro, unless you invest that money in fixed deposit. You can ask if they offer fixed deposit investment in foreign currencies. Just do 30 days and continue to reinvest your capital with the interest every 30 days to avoid stories. You won't get same interest rates with longterm (6 months, 1 year) investors though.

Buhari may still triumph at the polls and, in fact, he won't just relax especially as elections are approaching. Economy might improve.

if buhari win the control forex economy might continue cos he is anti free market ...meaning dollars might be kept low at 305 artificially till crude go to 100 dollars or dangote refinery stop importation...

ahiboilandgas:
750 million euro (part of 2.8 bn euro bond )offered at 9.7 with 10 years maturity period...meaning if u invest 10000 euro u will get around 20000 euro in 10 years (without reinvesting the interest payment) by 2028 your 20000 euro will be @600 =1200000 naira initail investment 4200000 ....for proper understanding u need have long term experience 5 -10 not 1 to 2

If you invest in t-bills @10% from now till 2028 you will get better results
With less risk and more certainty

We are lenders and the government is our customer.
Nigeria has crude oil and gas.. So it will not default

The business model is very sound and well tested.

The Richest man in Babylon

If you know.. You know...

Ochux01:
20%!!!



AN INVESTOR/PARTNER THAT CAN BLOCK FUND OF #100M IN HIS OWN ACCOUNT FOR JUST 15DAYS AS A SHOW OF FUND TO A SUPPLIER OF 10KMT AGO TO A STORAGE IN LAGOS.

THE BLOCK FUND WILL NOT EVER CRYSTALLISE TO CASH OR LEAVE INVESTOR'S ACCOUNT.

ON ARRIVAL OF THE VESSEL AT THE STORAGE, THE OFFTAKERS PAYS #200M FOR LOGISTICS FROM WHENS INVESTOR GETS HIS #20M.

ALL THESE WILL HAPPEN WITH THE 15DAYS OF THE BLOCK FUND.

THE GOOD NEWS IS THAT THE SUPPLIERS WILL GIVE A %PERFORMANCE BOND SO THAT INVESTOR GET COMPENSATED IF SELLER FAILS TO PERFORM.

GOOD COMMISSION FOR INTERMEDIARIES AS WELL!


LETS MAKE MONEY TOGETHER AT THIS TIME.



07013510007

I dey fear oooh..hmm vessel ago thing....me na load and pay bussiness I know...product dey MRS or nipco...

RealityShot:

If you invest in t-bills @10% from now till 2028 you will get better results
With less risk and more certainty

We are lenders and the government is our customer.
Nigeria has crude oil and gas.. So it will not default

The business model is very sound and well tested.

The Richest man in Babylon

If you know.. You know...

Nigeria has oil and gas but eyya Nigeria doesn't determine the selling price ....the price determinate are bent on making the oil useless and left on the ground or at most very cheap.. .if u know u know...but u might think u know but in real sense don't know

ahiboilandgas:
if buhari win the control forex economy might continue cos he is anti free market ...meaning dollars might be kept low at 305 artificially till crude go to 100 dollars or dangote refinery stop importation...

aha!
Now you are talking like you know...

Cbn will continue to defend the naira.
We have earns in foreign currency, so we can sell dollar at any rate we choose.

If Buhari wants to crash dollar to 150 naira today... It's a choice.
(is that not what Ghana did some time back?)

#iStandWithBuhari
#BuhariTill2023

ahiboilandgas:
Things to watch out for where is the international money going (in or out) 2 watch the crude oil price above 70 ok (cost of production is 23 dollar and we share the remaining with mnc) look at the presidential candidate (free market or control markets )
..just don't dump naira in tb and go and sleep market are monitor daily for destructive signals

Sir,
You might be heavily mistaken there...

HATIFU is not a free market person o!

Just check what his doing at Onne with intels and you will know.
His American University, how many people do you who attend it?

ahiboilandgas:
Nigeria has oil and gas but eyya Nigeria doesn't determine the selling price ....the price determinate are bent on making the oil useless and left on the ground or at most very cheap.. .if u know u know...but u might think u know but in real sense don't know

you left the investment part and focused on the political...
100% interest is more than achievable in 10 years doing treasury bills..
So why risk and speculate?

RealityShot:
you left the investment part and focused on the political...
100% interest is more than achievable in 10 years doing treasury bills..
So why risk and speculate?

because bank employ people call risk analyst with huge salaries like wise rating agency score nation bb c.c to mitigate risk so that why we do risk analysis ...imagine holding Zimbabwe treasury bill from 2008 to date

Acidosis:


No interest rate, unless you invest that money in fixed deposit. You can ask if they offer fixed deposit investment in foreign currencies. Just do 30 days and continue to reinvest your capital with the interest every 30 days to avoid stories. You won't get same interest rates with longterm (6 months, 1 year) investors though.

Buhari may still triumph at the polls and, in fact, he won't just relax especially as elections are approaching. Economy might improve.

Cool! Now if for example 1 have $1000 fixed in a dorm account with GTbank for a month or two and lets say d interest rate was 1% or less.... if i was to redraw all the capital and the interest after the ending of the tenure, wat are the charges ontop? Will the charges remove the supposed interest dat was incurred before?

RealityShot:
Sir,
You might be heavily mistaken there...

HATIFU is not a free market person o!

Just check what his doing at Onne with intels and you will know.
His American University, how many people do you who attend it?

free market happen when private enterprise take control of goverment monopoly or compete with it...so intel and American university are good example of free enterprise post obj liberalization other include forte oil ,onando,uba,Nicon ....govt if free up the space for private money to take over creating more jobs and paying tax instead of big monopoly owned by govt to stifle competition..imagine nitel vs mtn in nigeria who go win nitel of cause

ahiboilandgas:
diamond 2 percent ,take your time and make enquires it the little effort needed ...like me I hid mine in piggy bank ,dorm in standard charted and some gold bars kept in bank safe ��....u might not necessary convert all your tb position u can kept some ,use interest to buy usd from aboki and deposits in dorm.

Buying Usd from aboki or from bank which is more expensive? Again converting Naira or Transfering Naira from ur saving/current to Dorm account too
Above all which is cheaper

jujutom:


Cool! Now if for example 1 have $1000 fixed in a dorm account with GTbank for a month or two and lets say d interest rate was 1% or less.... if i was to redraw all the capital and the interest after the ending of the tenure, wat are the charges ontop? Will the charges remove the supposed interest dat was incurred before?

Fixed deposits attract only 10% Withholding Tax (WHT) on the interest earned, not your capital. Transfers and withdrawals on a dorm account might attract some charges though.

If buhari was the president in 1999 most of govt assisted billionaire parading themself as biz wizkid woudnt have emerge..all the cement companies bought at peanut from govt by dangote group will not happen...,all importation of deseal soly by zenon oil will not happen ...nnpc has been the sole importer since buhari came in ...53 depot and their fake billionaire owner are out of bussiness..only nnpc import pms but unfutunatly this 53 depot own by this fake billionaires employ thousand of Nigeria workers...capital oil has a debt of 134 bn naira and zero bussiness unless ppra give them import allocation

ahiboilandgas:
because bank employ people call risk analyst with huge salaries like wise rating agency score nation bb c.c to mitigate risk so that why we do risk analysis ...imagine holding Zimbabwe treasury bill from 2008 to date

how can you hold a treasury bill for 10 years, is it not a yearly investment medium?

If next year rates are poor, will one not invest elsewhere it'll rates go up?

HATIFU will not bring a free market economy... Instead, he will still all competition
As he tries to be the next Dangote.

And mind you, if HATIFU wins, he must borrow for so many reasons, he must.
We are here to lend him...

Even if he does something stupid like raise minimum wage to 66000
It will not affect us lenders negatively, because he will borrow to fund his budget. As usual.

This business model is air tight.

Acidosis:


Fixed deposits attract only 10% Withholding Tax (WHT) on the interest earned. Transfers and withdrawals on a dorm account might attract some charges though.

My fear is this part "Transfers and withdrawals on a dorm account might attract some charges though"
It will be very painful after fixing for months and getting some cash only to be having a loss when withdrawing finally

RealityShot:
how can you hold a treasury bill for 10 years, is it not a yearly investment medium?

If next year rates are poor, will one not invest elsewhere it'll rates go up?

HATIFU will not bring a free market economy... Instead, he will still all competition
As he tries to be the next Dangote.

And mind you, if HATIFU wins, he must borrow for so many reasons, he must.
We are here to lend him...

Even if he does something stupid like raise minimum wage to 66000
It will not affect us lenders negatively, because he will borrow to fund his budget. As usual.

This business model is air tight.

tresaury bill ain't the only money market instruments ..read more on Nigeria debt strategy 2020

jujutom:


My fear is this part "Transfers and withdrawals on a dorm account might attract some charges though"
It will be very painful after fixing for months and getting some cash only to be having a loss when withdrawing finally

ahaha, I get your point. You might need to approach your bank to get the details.

ahiboilandgas:
tresaury bill ain't the only money market instruments ..read more on Nigeria debt strategy 2020

read more about the Warren Buffet strategy.

Excessive diversity can ruin an investor.

(if you know other instruments that guarantee 100% capital safety, with better ROI please do share. Thanks)

Acidosis:


ahaha, I get your point. You might need to approach your bank to get the details.

Sure... will give them a call

RealityShot:
read more about the Warren Buffet strategy.

Excessive diversity can ruin an investor.

(if you know other instruments that guarantee 100% capital safety, with better ROI please do share. Thanks)

I don tire to dey type ...their notting like 100 percent capital safety I no fit explain gain ...just type risk associated with tb

Secondary Market dashboard for today from First Bank:


91days @ 10.95%

98days @ 11.7%

140 days @ 11.90%

350days @ 13%

336days @ 13%


Can someone please calculate my interest only at maturity if i invest N9m,450k for 98 days @ 11.7% if in invest interest ?

Ochux01:
20%!!!



AN INVESTOR/PARTNER THAT CAN BLOCK FUND OF #100M IN HIS OWN ACCOUNT FOR JUST 15DAYS AS A SHOW OF FUND TO A SUPPLIER OF 10KMT AGO TO A STORAGE IN LAGOS.

THE BLOCK FUND WILL NOT EVER CRYSTALLISE TO CASH OR LEAVE INVESTOR'S ACCOUNT.

ON ARRIVAL OF THE VESSEL AT THE STORAGE, THE OFFTAKERS PAYS #200M FOR LOGISTICS FROM WHENS INVESTOR GETS HIS #20M.

ALL THESE WILL HAPPEN WITH THE 15DAYS OF THE BLOCK FUND.

THE GOOD NEWS IS THAT THE SUPPLIERS WILL GIVE A %PERFORMANCE BOND SO THAT INVESTOR GET COMPENSATED IF SELLER FAILS TO PERFORM.

GOOD COMMISSION FOR INTERMEDIARIES AS WELL!


LETS MAKE MONEY TOGETHER AT THIS TIME.



07013510007

Wow... Diversification of investment advert.. Hmmmm... Suddenly our real estate advert is being abandoned for a more lucrative AGO Idea.. I guess it's happening because many people have brandished their net work around here. God has actually blessed people and we pray for his blessings too. (Amen) For those that haven't garnered enough investment knowledge/experience you may consider trying to gain more knowledge before attempting this to avoid getting your fingers burned as some scenario playing out might be a designed format.

freeman67:



Wow... Diversification of investment advert.. Hmmmm... Suddenly our real estate advert is being abandoned for a more lucrative AGO Idea.. I guess it's happening because many people have brandished their net work around here. God has actually blessed people and we pray for his blessings too. (Amen) For those that haven't garnered enough investment knowledge/experience you may consider trying to gain more knowledge before attempting this to avoid getting your fingers burned as some scenario playing out might be a designed format.

the chap smartly ambush all my write up to advertise his bussiness....disclaimer my write is not to persuade person to invest in this vessel/ago thing cos despite been in the industry i would touch it with a long pole